Korea adds 139,000 jobs in October, above 100,000 for 4th month
Korea added 139,000 jobs in October from a year earlier, government data showed Wednesday, with job growth exceeding the 100,000 mark for the fourth consecutive month. The number of employed people came to 29.17 million in October, compared with 29.04 million a year earlier, according to data from the Ministry of Data and Statistics. Job growth turned positive in June after declining by 40,000 in…
The Korea Times reports that Korea added 139,000 jobs in October, marking the fourth consecutive month of job growth exceeding 100,000. This brings the total number of employed people to 29.17 million, up from 29.04 million a year earlier. The Ministry of Data and Statistics also noted a decrease in the jobless rate to 2%, down 0.2 percentage points from a year earlier, with the number of unemployed people falling to 602,000, down 56,000 from the same period last year.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
